J P MORGAN

  • Reader's Digest gets OK to tap into $150 mn loan August 26, 2009

    New York: The bankrupt publisher of Reader's Digest won court approval on Tuesday to access some of the $150 million in funding it has lined up to continue operating while it reorganises. Reader's Digest Association Inc was allowed by Judge Robert Drain of federal bankruptcy court in Manhattan to tap into...
  • JP Morgan reports fourth Quarter net income of $702 mln January 15, 2009

    New Delhi: The credit crisis and economic slowdown continues to affect the financial markets. The profits of JPMorgan Chase's America's second largest bank by assets fell by a ghastly 76 percent. JP Morgan Chase reported fourth Quarter net income of $702 mln, or 7 cents a share, compared to $2.97...